Not actually yelling... it was some sort of play between AAA and aaaaaaa as in hmmmm? 

Happens at the beginning of every generation. Eventually, 3rd party developers will stop supporting the 360/PS3 (unless the PS4/720 sell badly).

Its going to be close. Last gen there was multiplats on the older hardware and that affected the PS2-to-PS3 adoption rate in conjunction with the high price point. This may slow the adoption rate also to a slow crawl since consumer buying power is extremely low making a $400 price seem like the PS3's $600 price point years ago, which is one of the many reasons I think the beginning of the 8th gen will be the slowest ever. This is will also give fodder to those who think dedicated console machines are dead. I don't see any of the console makers being able to right the ship during their first year. (I do believe that each console will have a initial adopter period and then fall to dangerous levels after the first two months.)

This isn't about the companies "knowing their fan base" this is just a view based purely on the economic conditions as they are now. The US is currently showing positive sign right now but that could change in an instant. Plus I worry about Sony or Microsoft pulling what Nintendo did with the Gamecube which was devastating to the sales. For those that don't remember the sales were starting to pick up so Nintendo prepared for the holiday season by producing more units that usual. The sales rate didn't increase as much as it had been during the rest of the year and they had to STOP production for a few months because they had way too many units in storage. And this destroyed any momentum they had built for the machine.

Sony is the one I'm worried the most with because of 16 million units goal. That goal is even more convoluted then Nintendo forecast for 6 million units. I doubt that Sony would go that far as to overproduce but if they did it would be destructive to the console.

For what period is that goal set?

Not at all.

Metal Gear Solid 5 is coming to Next gen consoles 100%. Its still running on PC hardware which is all the evidence you need. Why they haven't announced it yet? Well I assume its down to Microsoft not wanting the PS4 to build too much momentum before the new Xbox is announced. Same reason Dice refused to say whether BF4 is coming to PS4 despite the obvious fact that it is.

Past generation haven't seen this many cross gen titles, but past generation have also had pretty bad launches (ps2/gamecube/xbox/Ps3/Xbox 360)... All those systems have had draughts throughout their first 9 months. With only a few note worthy titles sprinkled here and there. PS4/720 will have the best launch line up ever.

The predominance of cross gen will initially stop the ps4/720 from being must haves for the casual gamers, but only with the wii were casual gamers early adopters. The Core gamers want to play Next-gen battlefield, Watchdogs, Dark Souls 2 and not a watered down versions. Alongside the next gen exclusives like Witcher 3, Killzone, Infamous, Drive Club and whatever Microsoft announces. More Next gen exclusives will probably be announced at E3.

It's the normal transition between an old gen a the new one. However I do believe this transition will take longer to happen.

And alot of core gamers will buy a new system and skip the inferior ps3/360 version. PS4/720 will have 3x the amount of software in their launch year then what we saw this gen, I really don't see that's a problem, the exclusives will come in time (but mayb not in the form of COD/FIfa). PS4 already has 5 exclusives and we haven't even reached E3 yet. Last Gen the bulk of games got announced at E3 2006, It will be the same with this gen.

The best games of the generation come out at the end. -Rockstar

its true, the transition is a weird time. However, the ps4 already has like the best launch line up ive ever seen.

http://www.cvgworld.com/2013/03/07/sony-to-push-for-16-million-ps4-shipments-in-2013/
Just PS4 and just in 2013 so in the time period between November-to-March they intend to ship 16 million PS4 units. I really hope it is just some exec BSing. There are exec that are bullish about their products but this more than crosses the border of being foolish.